Fed keeps up inflation fight as people feel bad about the economy
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When the Federal Reserve’s top policymakers gather around their grand boardroom this week, the economy will be running surprisingly well, thanks to easing inflation, a robust job market and consumer spending that’s still driving growth.
But outside the Fed’s marble headquarters, many Americans would tell a different story: That grocery bills still cost too much. That they still fear a recession or losing a job. That the economic whirlwind of the last few years is wearing them down.